Tagged: justin sun

Stablecoins: TRC20-USDT Reaches 40B in Total Supply, as TRON Navigates Crypto Payments to Benefit Consumers

Digital Dollar USD Washington

As the global crypto market keeps growing, stablecoins are playing “a more indispensable role, with TRC20-USDT becoming a mainstay.” On March 23, 2022, Tether’s (USDT) official data showed that “the supply of TRC20-USDT topped 40.7B, surpassing that of ERC20-USDT (39.8B).” This is another milestone for… Read More

Poloniex Management Confirms Launch of New Digital Asset Trading System in Sandbox Environment in Q1 2022

New York Stock Exchange Floor Trading Market

Shaun Scovil, General Manager at digital assets firm Poloniex, notes that as they embark on their eighth year of operations, the team has reflected on all the great things they think they’ve accomplished so far, while “preparing for the exciting challenges and opportunities ahead.” Shaun… Read More

Global Fintech Circle Says USDC Stablecoin on TRON Facilitates High-Speed, On-Chain Value Transfers

Circle

Digital assets firm Circle notes that at the beginning of July 2021, they had announced support for stablecoin USDC on the TRON blockchain, which is one of the largest open (or permissionless) blockchain networks. TRON aims to support a wide crypto ecosystem “popular within Asian… Read More

Tron Foundation Claims TRON (TRX) has Become World’s First Deflationary Crypto by Reducing its Circulating Supply

Abe Lincoln Eyes Watch Look Dollar Money

TRON Foundation, which supports the ongoing development of Tron (TRX), has published a blog post in which they questionably claim that the TRX digital currency has “officially leaped” into the “deflation era,” by becoming the first deflationary virtual currency in the world. As noted by… Read More

Digital Assets Financial Services Provider BitGo Introduces Wrapped Bitcoin and Ethereum Tokens on TRON Blockchain

Double Bitcoin

BitGo, a digital asset financial services provider, reports that it has successfully introduced Wrapped Bitcoin (WBTC) and ETH tokens on the TRON blockchain network, which should help with supporting the “unlimited” potential of decentralized finance (DeFi) TRON, which is notably one of the largest and… Read More

New Non-Fungible Token or NFT Standard TRC-721 Introduced by TRON to Open New Prospects for Blockchain

Blockchain Rainbow

TRON has launched a new non-fungible token or NFT standard, called TRC-721, in order to open up new “prospects for blockchain.” TRON‘s first NFT standard protocol TRC-721 was officially announced on December 24, 2020. The introduction of this standard is expected to help with implementing… Read More

Ethereum Competitor Tron’s Founder Justin Sun Aims to Transform Blockchain Platform into Fast, Ultra-Cost Effective DLT Network

Tron Toke

Justin Sun, the Founder of Tron (TRX), a major platform for building blockchain-based decentralized applications (dApps), has announced that TRON is planning to “adjust the incentive mechanism of the entire network with a focus on encouraging long-term holders who stake tokens for voting.” It’s worth… Read More

Justin Sun Slams Filecoin, Protocol Labs Founder Juan Benet Responds

solal ohayon fight box punch kick

There is a bit of a Twitter fight going on between Protocol Labs CEO, Juan Benet, creator of Filecoin, and Justin Sun – the creator of TRON, and the owner of BitTorrent. Last week, Sun posed the question as to whether Filecoin (FIL) was an… Read More

P2P Protocols & Products Company BitTorrent Hits New Milestone: Surpasses Two Billion Installation

coins money tokens gold treasure 3

BitTorrent, Inc., a peer-to-peer protocols and products firm, announced on Tuesday it surpassed two billion installations of its torrent client software on Windows, Mac, and Androids. Founded in 2004, BitTorrent claims to be one of the world’s leading peer-based technology companies. The company states it… Read More

New Analysis Claims that Ethereum (ETH) Price Might be Manipulated by Certain Large Crypto Exchanges and “Whales”

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A recent analysis of the top 10,000 Ethereum (ETH) wallet addresses suggests that the world’s second-largest digital asset (by market cap and overall adoption) could potentially see its value increase significantly in the foreseeable future. This, as the blockchain network prepares to transition from proof-of-work… Read More

Justin Sun Attended TRON Influencer Party Same Day as Postponed Lunch with Warren Buffet

Throw Shade Question Huh What Bewildered Irritated

Have coin, must influence. Justin Sun, founder of the TRON cryptocurrency network, canceled his much advertised Thursday charity lunch with Warren Buffet last week, but then made an appearance that same evening at a party held for TRON YouTube influencers in San Francisco, according to CoinDesk…. Read More

TRON’s Justin Sun Apologizes for “Vulgar” Promoting of Lunch with Warren Buffet

Warren Buffet Black and White

Justin Sun, founder of the cryptocurrency network TRON (known as ‘Wave Field’ in China), has apologized on Chinese social media for “vulgar” and “out of control” marketing of his lunch with famous value investor Warren Buffet, Bloomberg reports. “(I) would like to express my sincere… Read More

Gibraltar Blockchain Exchange Lists TRON

Tron Toke

The Gibraltar Blockchain Exchange (GBX), a regulated token issuance and digital asset exchange, has announced the addition of TRON (TRX) to its Digital Asset Exchange (GBX-DAX). GBX says that TRON has been brought to the GBX-DAX by sponsor firm StratX. The new listing follows the… Read More

Following BitTorrent Acquisition, Blockchain Tech TRON Now Has More Than 100 Million Users

Tron BitTorrent 2

Blockchain tech startup TRON reportedly had a productive week – the company not only declared it now has more than 100 million users on its platform but also revealed it has acquired software company BitTorrent. Founded in 2017, TRON describes itself as a company dedicated to building… Read More

Gifting Blockchain Platform Gifto Forms Partnership With TRON to Monetize Decentralized Content

Andy Tian

New universal virtual gifting blockchain platform, Gifto, announced on Thursday it has formed a partnership with TRON, a decentralized protocol that aims to construct a worldwide free content entertainment system using blockchain and distributed storage technology. The platform stated that it will leverage TRON’s technology to… Read More

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